What will be the company stock price the stock split

Assignment Help Financial Management

Reference no: EM131981155

Emergency Medical's stock trades at $140 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? Round your answer to the nearest cent.?

Reference no: EM131981155

Questions Cloud

Discuss ethics and governance in explaining financial stress : ACC701 Accounting Financial Assignment - Discuss the ethics and governance in explaining the company's financial stress

Complete the hr ethics scenarios worksheet : The HR Director is having lunch outside the office. She hears a competitor talking about a significant change in their business that could affect performance.

What is initial outlay : A company in looking to invest in new machinery. If the company’s marginal tax rate is 39%, what is the initial outlay?

Make regular deposits into an account : You are interested in saving money for your first house. Your plan is to make regular deposits into an account that will earn 12.20% per year.

What will be the company stock price the stock split : Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split?

At what point does a disease become an epidemic or endemic : At what point does a disease become an epidemic, endemic, or pandemic? What are the parameters that define each of these states of a disease's effect?

Define the terms public health and health promotion : Define the terms public health and health promotion. What current legislation has had the maximum impact on the way health care is provided?

Based on comparison of two rates and current inflation rate : Based on a comparison of the two rates, and the current inflation rate, you would prefer the _____ option over the _____ option.

Prepare an excerpt of the balance sheet : MAA261 FINANCIAL ACCOUNTING - Prepare an excerpt of the balance sheet which shows the non-current assets that Dream Furniture Pty Ltd has on hand as at 30 June

User Account

All Pages